"Operation Economic Outcast" is Treasury's latest bid to move sanctions enforcement beyond symbolic gestures. After designating nearly 60 targets in a single sweep, Treasury has begun proceedings that could cut Banque Misr's UAE branches — accused of processing roughly $1.8 billion for 103 suspected Iranian shadow banking fronts since 2024 — off from the U.S. financial system.

The real test, one analysis argues: whether Washington follows through against the banks and jurisdictions, including China, that make Iran's sanctions evasion possible.

Read more from Max Meizlish in The Daily Wire: https://www.fdd.org/analysis/2026/08/31/inside-economic-warfare-and-the-fight-to-dismantle-irans-financial-lifelines/?utm_campaign=&utm_content=1788360785&utm_medium=social&utm_source=youtube